QMG 0.00% 1.0¢ quay magnesium limited

agm, page-5

  1. 19,406 Posts.
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    well going by last quarterly they made over 3m last quarter but that didn't quiet cover costs, the chinese have 1.5mil if they need it ,plus they raised 64k with the 4 mil placement at .016 so they aren't completely broke and they had 281k cash at the end of the quarter so adding all together it appears they have near 2m to play with ,may have missed something but,3mil income a quarter seems alot for a 1 cent company hmmmmmm may need to look some more,cheers
 
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Currently unlisted public company.

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